MARZETTI COMPANY/THE (MZTI) Technical Analysis
NASDAQ:MZTI • US5138471033
Current stock price
MZTI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MZTI. MZTI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 100% of all other stocks performed better in the past year than MZTI.
- MZTI is one of the lesser performing stocks in the Food Products industry. 94% of 87 stocks in the same industry do better.
- In the last month MZTI has a been trading in the 138.44 - 170.84 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Volume is considerably higher in the last couple of days.
MZTI Weekly and Daily overview Charts
MZTI Setup Rating and Analysis
MZTI has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
MZTI Support and Resistance Analysis
142.64
3 important resistance areas can be observed.
- Resistance @166.21 from a trend line in the weekly time frame.
- A resistance zone ranging from 169.37 to 169.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 172.45 to 174.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
MZTI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MZTI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MZTI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MZTI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MZTI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MZTI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 32.39 | NEUTRAL | The RSI value for MZTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.01 | NEGATIVE | The MACD value suggests MZTI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.61 | OVERSOLD | The low Stochastics value suggests MZTI may be oversold. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for MZTI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.03 | NEUTRAL | The ADX value for MZTI suggests a possible start of a new trend. |
MZTI Chart- and CandleStick Pattern Analysis
MZTI Technicals: Chart, Performance Metrics, Trend & Indicators
144.08
+2.32 (+1.64%)
MARZETTI COMPANY/THE / MZTI TA FAQ
What is the ChartMill technical rating of MARZETTI COMPANY/THE (MZTI) stock?
ChartMill assigns a technical rating of 0 / 10 to MZTI.
What is the current trend direction of MARZETTI COMPANY/THE (MZTI) stock?
The current trend direction for MARZETTI COMPANY/THE (MZTI) is Bearish.
What is the RSI signal for MARZETTI COMPANY/THE (MZTI) stock?
MARZETTI COMPANY/THE (MZTI) has an RSI value of 32.3918. This indicates that the stock is currently neutral.
What is the short term momentum for MZTI stock?
The short term momentum for MARZETTI COMPANY/THE (MZTI) is negative.
What are the support and resistance levels for MARZETTI COMPANY/THE (MZTI) stock?
MARZETTI COMPANY/THE (MZTI) has a resistance level at 166.21. Check the full technical report for our detailed analysis of MZTI support and resistance levels.